Mr Bobs Under the Bridge Inc

Analysis

Mr Bobs Under the Bridge Inc is a registered charity in United States, based in Cedarburg, WI. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mr Bobs Under the Bridge Inc reported income of $98k and spending of $120k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $98k (-43%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mr Bobs Under the Bridge Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Geotan Corporation ($98k), Plainfield Interfaith Food Pantry ($98k) and Eastside Portland Lacrosse ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.